In an Agreement to Exchange Dollars for Euros in Three

question 48

Multiple Choice

In an agreement to exchange dollars for euros in three months at a price of $0.90 per euro,the price is the

• A)spot exchange rate.
• B)money exchange rate.
• C)forward exchange rate.
• D)fixed exchange rate.

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Definitions:

Industrial Goods

Products purchased for industrial or business use, often involving machinery, materials, and equipment necessary for manufacturing and production.

National Governments

The primary political authority governing a nation or state, responsible for creating and enforcing laws, policies, and regulations.

Sexual Harassment

Unwelcome sexual advances, requests for sexual favors, and other verbal or physical harassment of a sexual nature, typically in the workplace or academic settings.

Indonesian Workers

Labor force participants in Indonesia, focusing on their employment conditions, rights, and contributions to the economy.